SID Nacional ON Dividend yield

 Price  12.11
 Dividend  2.92
 Earnings  1.29
 Cash-flow  1.61
 Book value  15.14
 Equity  15.00

SID Nacional ON is part of Industrial Metals and Mining business, which is part of Basic Materials industry. SID Nacional ON is a company from Brazil, and his stocks are publicly traded.

SID Nacional ON stock dividend

SID Nacional ON paid a total dividend of 3,875 million BRL last year, for a market value of 16,070 millions (Market Cap 7,474 millions). SID Nacional ON dividend per share is 2.92 BRL, and his stock market price 12.11 BRL.

According to the chart below, where dividend yield is displayed, SID Nacional ON has a dividend yield of 24.15%, which is higher than the amount offered by both the market average and companies from Brazil. It is also bigger than average of Basic Materials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare SID Nacional ON stocks dividend with other Industrial Metals and Mining companies or other of the high Brazil dividend stocks list.

Dividend yield of SID Nacional ON

SID Nacional ON Dividend Payout

About the ability of SID Nacional ON to maintain his current dividend of BRL 2.92 per share, an amount that accounts for 24.15%, we should study its payout ratio both on earnings and on cash-flows (see chart below). SID Nacional ON payout on ernings is currently 226.36%, which is higher than the market average, and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures show that SID Nacional ON can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of SID Nacional ON is BRL 1.61 per share, which is lower than the dividend per share paid by the company of BRL 2.92, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of SID Nacional ON, compared againt world market average, Brazil companies, Basic Materials industry and Industrial Metals and Mining sector companies.

SID Nacional ON payout

SID Nacional ON Dividend History

Below you will find a table with the historical evolution of SID Nacional ON's dividend stock, both in percentage and in BRL, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  BRL  Paypout  Shares* 

*In millions

Then you can see the evolution of SID Nacional ON dividend stock, and compare it with the average of Brazil stocks and that of the Industrial Metals and Mining stocks.

SID Nacional ON stock dividend history

SID Nacional ON Stock performance

Finally, last moth SID Nacional ON showed a return of -12.50% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -12.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Brazil and Industrial Metals and Mining firms.

SID Nacional ON stock and market return